$FLOKI

$FLOKI (FLOKI) has shown a slight increase in price over the last 24 hours, currently trading at $0.000244003. The market sentiment is currently in a state of Extreme Greed (Fear & Greed Index: 76), indicating a bullish outlook among investors. However, there has been a net capital outflow of approximately $4,266,404, suggesting some selling pressure despite the positive price movement.

Detailed Analysis

1. Current Market Data

Last Price: $0.000244003

24h Price Change: +0.0041% (previously $0.000243)

24h High/Low: $0.0002496/$0.000232931

24h Trading Volume: 68,088,235,255.9 FLOKI

Market Capitalization: $1,397,102,967

Circulating Supply: 9,598,189,121,447.727 FLOKI

2. Technical Indicators

Support Price: $0.23517

Resistance Price: $0.24611

The price is currently approaching the resistance level, which could be a critical point for traders to watch.

3. Market Sentiment

Fear & Greed Index: 76 (Extreme Greed)

This high level of greed suggests that investors are optimistic, but it may also indicate a potential for a market correction if the sentiment shifts.

4. Capital Flow

Capital Inflow: $29,123,305

Capital Outflow: $33,389,709

Net Capital Flow: -$4,266,404

The outflow exceeding inflow could signal caution, as it indicates that more capital is leaving the market than entering.

5. Whale Activity

Long Positions: 4,400,880

Short Positions: 193,503

Long/Short Ratio: 22.7:1

The significant long positions suggest that larger investors are betting on further price increases.

Conclusion

Floki is currently experiencing a modest price increase amidst a backdrop of extreme market greed. However, the net capital outflow and proximity to resistance levels warrant caution. Traders should monitor the support and resistance levels closely, as well as the overall market sentiment, to make informed decisions.